back Back

Adyen partners with Cash App to offer Cash App Pay to its US customers

By Edlyn Cardoza

September 16, 2022

  • Adyen
  • Cash App
  • Cash App Pay
Share

Adyen, FinTech, Cash App, Cash App Pay, Mobile Payment Method, USAAdyen, the global FinTech platform for leading companies, has partnered with Cash App to offer Cash App Pay, a mobile payment method, to Adyen’s customers in the United States. Businesses working with Adyen will access Cash App Pay as an integrated payment method for their U.S. customers. This payment method will be available online soon and in stores next year.

“We are excited to partner with Adyen to bring Cash App Pay to more businesses in the U.S.,” said Owen Jennings, Chief Operating Officer of Cash App. “As the first fintech platform to partner with the Cash App Pay ecosystem, we look forward to seeing the value this partnership brings to our customers and Adyen businesses.”

By offering Cash App Pay, Adyen businesses will provide customers with a convenient and easy way to pay using their Cash App balance or linked debit card. This Cash App software integration will also offer Adyen’s business customers access to Cash App’s 80 million annual active users, who make up one-third of millennial and Gen Z consumers in the United States. This will offer your customers a secure and seamless payment experience that can feature high authorisation rates and a better shopping experience.

“At Adyen, we are constantly adding new payment methods to ensure our businesses can reach their end customers where they are,” said Roelant Prins, chief operating officer of Adyen. “We are happy to form this strong partnership with the Cash App team. We look forward to seeing how we can continue this partnership to better serve businesses and their customers.”

Recently, IBS Intelligence reported that Adyen had announced the expansion of the Real Time Visa Account Updater (VAU) to Europe. As the first platform to offer real-time VAU coverage in Europe with Visa, Adyen will help its clients increase the revenue and approval rates of card-on-file payments by automatically updating Visa accounts in real time.

Previous Article

September 16, 2022

Alibaba Cloud unveils suite of financial services solutions

Read More
Next Article

September 16, 2022

Emirates NBD launches H2H digital payment solutions for ENOC Group

Read More






IBSi Daily News Analysis

Merchants, payments, UAE

July 15, 2024

Adyen

Global wealth growth rebounds with major shifts expected by 2030, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 15, 2024

Open Payment Technologies launches Kuady digital wallet app in LatAm

Read More

July 15, 2024

FREENOW & Alipay+ join forces to boost travel experience for Asian tourists

Read More

July 15, 2024

Flipkart & BillDesk launch 5 new digital payment offerings & categories

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024